YHOO keep those straddles (or strangle if you like) ready! We got our gains on the YHOO long and the calls calling 40 an area of strong resistance. I would still HOLD BOTH THE CALL and puts through the report. We are about 3 to 5 days ahead of new earnings plays alreedy for "anticipatory upswing" BRCM hit target of 30, still in strong territory.
There are new earnings plays daily (we need to keep abreast about 3 to 5 days in advance) Old plays wear out so we like new ones (SOHU and YHOO milked well!)